Finance of America Companies Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Equity-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

A summary of each classification of RSU activity is presented below:


				Grant Date Fair Value
Replacement RSUs	Number of Units Unvested	Number of Units Vested	Total Number of Units	Weighted Average Price Per Unit		Total Fair Value (in thousands)
Outstanding, December 31, 2023	112,489	20,640	133,129	$	94.80	$	12,620
Vested	(109,048)	109,048	—	—		—
Forfeited	(3,441)	—	(3,441)	94.80		(326)
Settled	—	(129,688)	(129,688)	94.80		(12,294)
Outstanding, December 31, 2024	—	—	—	$	—	$	—


				Grant Date Fair Value
Earnout Right RSUs	Number of Units Unvested	Number of Units Vested	Total Number of Units	Weighted Average Price Per Unit		Total Fair Value (in thousands)
Outstanding, December 31, 2023	146,160	—	146,160	$	89.05	$	13,016

Forfeited	(360)	—	(360)	89.05		(32)
Outstanding, December 31, 2024	145,800	—	145,800	$	89.05	$	12,984


				Grant Date Fair Value
Non-LTIP RSUs	Number of Units Unvested	Number of Units Vested	Total Number of Units	Weighted Average Price Per Unit		Total Fair Value (in thousands)
Outstanding, December 31, 2023	818,378	13,185	831,563	$	14.89	$	12,381
Granted	929,946	—	929,946	7.39		6,869
Vested	(317,129)	317,129	—	—		—
Forfeited	(132,318)	—	(132,318)	11.43		(1,512)
Settled	—	(330,314)	(330,314)	11.55		(3,816)
Outstanding, December 31, 2024	1,298,877	—	1,298,877	$	10.72	$	13,922

A summary of the option award activity is presented below:


	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2023	—	$	—	—	$	—
Granted	720,000	25.00



Outstanding, December 31, 2024	720,000	$	25.00	4.8	$	2,246

The Company estimates the fair value of the options at the date of grant using the Black-Scholes option pricing model based on the following inputs: